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Supreme Court Narrows Bankruptcy “Safe Harbor” Fraudulent Transfer Protections

On February 27, 2018, the U.S. Supreme Court issued a ruling that will make it easier for bankruptcy trustees, creditors’ committees, and other bankruptcy estate representatives to claw back payments made to shareholders in leveraged buyouts and dividend recapitalizations.

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WaMu Court Allows Equity Committee to Pursue "Equitable Disallowance" of Noteholder Claims Based on Allegations of Insider Trading

Practices: Business Restructuring

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